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Definition | : | Claim Settlement Ratio |
Category | : | Business » Business Terms |
Country/ Region |
: | Worldwide
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Type | : |
Initialism
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Claim Settlement Ratio (CSR) is the ratio of the total number of claims settled by the insurance company to the total number of claims received in the same time period.
For example, if an insurace company has a CSR of 97%. It means that the insurance company has successfully settled 97% of the claims it received. A high CSR indicates that the insurance company is more likely to settle a claim without any hassles.
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The full form of CSR is Claim Settlement Ratio
Corporate Social Responsibility | Claim Settlement Ratio | Canadian Satellite Radio
Corporate Social Responsibility | Certificate Signing Request | Claim Settlement Ratio | Chemical Society Reviews | Class Switch Recombination | Cheyne-Stokes Respiration | Central Serous Retinopathy